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    7242 Bay Crest Rd, Unit 1 Southport, FL 32409

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    For Sale
    $725,000

    Cleared 3.58-acre waterfront lot with Gulf access.

    Property Features for 7242 Bay Crest Rd

    General Information

    Standard status
    Active

    Source: FLORIDA REALTY EXPERTS Agent ISSABELLA C MARSH

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Land with Gulf Access

    This 3.58-acre lot on Gainer Bayou in Southport provides deep water, Gulf-access frontage. The property has been cleared and features approximately 216 feet of waterfront along Bay Crest Road, offering direct access to North Bay and the Gulf of Mexico. Zoned R-2 Residential, the parcel supports various residential uses. Paved road access and nearby public utilities, including water and electric, are available; a septic system is needed. There are no HOA or deed restrictions. The zoning allows accessory structures, such as a workshop, garage, or tennis court, to be situated in front of the main residence. The location is 10 minutes from Lynn Haven, 15 minutes to downtown Panama City, 20 minutes to Panama City Beach, 25 minutes from Northwest Florida Beaches International Airport, and 30 minutes to Tyndall Air Force Base. New community additions include the Southport Sports Complex and a Dollar General currently under construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Auto Repair Shop Wholesale Shop Clothing Store Gym & Fitness Kitchen & Bath Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southport
    County
    Bay
    State
    Florida
    Longitude
    -85.625034
    Latitude
    30.2817086

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    FAQs

    What type of property is this?
    Waterfront Property - Cleared 3.58-acre waterfront lot with Gulf access.
    Where is this waterfront property located?
    The property is located at 7242 Bay Crest Rd, Unit 1 Southport, FL.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Deep water Gulf access waterfront property on Gainer Bayou.; - Large 3.58-acre lot with approximately 216 feet of waterfront.; - Zoned R-2 Residential, allowing for multiple homes (up to 5, according to the county).
    Request Owner's contact information
    7242 Bay Crest Rd, Unit 1 Southport, FL 32409
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    Southport, FL 32409
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7242 Bay Crest Rd, Unit 1 Southport, FL 32409
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